Word: pwa
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Dates: during 1930-1939
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...January 1938, unable to borrow anywhere else, it got $8,233,000 from RFC to pay its wages (it already owed RFC $80,000,000). In June, without collateral for another loan, it met a $1,700,000 debt only because Jesse Jones arranged for PWA to buy the road's run-down Chesapeake & Ohio Canal, unused for 15 years, for $2,000,000. Last November the Interstate Commerce Commission allowed Dan Willard to cut his fixed charges $11,000,000 a year by persuading the bondholders to accept an eight-year moratorium on interest payments. Last week...
Reporters will travel on a pilot train running ahead of the royal special nonstop from the border to Washington. President & Mrs. Roosevelt will meet Their Majesties at 11 a. m. at Union Station, where the State reception suite* is being redecorated with $16,000 of PWA money. At the White House, the diplomatic corps will be received before Their Majesties lunch privately with the Roosevelts. After lunch will follow Sir Ronald & Lady Lindsay's garden party at the British Embassy; that night, a state dinner and reception at the White House, where Their Majesties will sleep...
...Economy objective; at least, not at this session of Congress. John Garner, after 36 years in Congress, well knows that the President's taunt in his last annual message was a safe one, when he ironically asked whether Congress would like to economize on WPA relief, PWA projects, pensions or payrolls. More bitterly John Garner, life-long preacher and practitioner of thrift, feels that Economy is impossible so long as "that man is in the White House." To the President he says: "There'll be no economy unless you lead...
Eurith Dickinson Rivers to Washington, helped in "contacting Federal agencies to obtain funds." Asked if this was not "promotion" (for which PWA clients may not pay on pain of having their contracts voided), Chip responded: "Certainly not. That's organization...
...PWA officials announced that "Honest" Harold LeClair Ickes would have the last word upon his return from California. Meanwhile, Secretary Morgenthau issued a statement explaining that Chip's departure from the Treasury had been "voluntary and under honorable circumstances." Aggrieved Chip filed and then withdrew a $50,000 suit for slander against Representative Delacey Allen. Hot-tempered Delacey Allen offered to meet Chip Robert "with or without gloves" in the stadium at Georgia Tech's Grant Field, admission at $5 a head and the proceeds to "go toward meeting the State debt...